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OUE Ltd (OVES.SI)

OVES.SI on Stock Exchange of Singapore

2.17SGD
29 Mar 2017
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Latest Key Developments (Source: Significant Developments)

OUE Limited exits proposed integrated resort project in Incheon, Korea
Friday, 10 Mar 2017 04:42am EST 

OUE Limited : OUE Exits Proposed Integrated Resort Project In Incheon, Korea .Will be reimbursed certain of the costs and expenses it has incurred in connection with its participation in project.  Full Article

OUE Ltd appoints Bernard Lim Eng Chuan as CFO
Friday, 17 Feb 2017 04:18am EST 

Oue Ltd :Appoints Bernard Lim Eng Chuan as chief financial officer of company.  Full Article

Oue Ltd says Fy profit attributable to owners of company S$144.4 mln vs S$156.4 mln
Friday, 17 Feb 2017 04:15am EST 

Oue Ltd : Fy profit attributable to owners of company S$144.4 million versus S$156.4 million . Fy revenue S$884.2 million versus S$431.5 million . Declared final dividend of 2 singapore cents per share ."The tourism industry continues to face headwinds in the near term".  Full Article

OUE launches mandatory unconditional cash offer for International Healthway at S$0.106 per share
Thursday, 16 Feb 2017 05:29am EST 

OUE Ltd :OUE launches mandatory unconditional cash offer for international healthway corporation at S$0.106 per share.  Full Article

OUE Ltd says unit signs SPA with vendors for 35.8 pct stake in International Healthway Corp
Thursday, 16 Feb 2017 05:29am EST 

OUE Ltd : offeror entered into a sale and purchase agreement with Ching Chiat Kwong, Low See Ching, Low Bee Lan Audrey And Tee Wee Sien . SPA for purchase of an aggregate of 593.5 million shares from vendors at s$0.106 per share representing 35.77% of all shares in capital of co .'offeror' is unit of OUE; 'company' refers to International Healthway Corporation.  Full Article

OUE signed a management agreement with Oakwood Asia Pacific Ltd
Friday, 7 Oct 2016 05:05am EDT 

OUE Ltd : Agreement for Oakwood to manage new Oakwood premier OUE Singapore at OUE downtown .Signed a management agreement with oakwood asia pacific ltd.  Full Article

OUE Ltd successfully tenders for Nassim land parcels
Thursday, 18 Aug 2016 08:09am EDT 

OUE Ltd : Press release: OUE successfully tenders for nassim land parcels) . OUE reef development pte ltd successfully tendered for two land parcels located at 28 Nassim road Singapore . Deal for bid price of S$56.6 million . Says acquisition is not expected to have any material impact on the net tangible assets per share or earnings per share of the company .  Full Article

OUE posts quarterly net profit of S$25.7 million
Wednesday, 3 Aug 2016 11:03am EDT 

OUE Ltd : Second quarter and/ or half yearly results) . Qtrly net profit S$25.7 million versus net loss of S$16.3 million . Qtrly revenue S$134.3 million versus S$95.7 million a year ago . Special dividend 2 Singapore cents . Interim dividend for the period 1 Singapore cents . Singapore tourism industry continues to face headwinds in the near term . Weak business sentiments are expected to impact business travel . Hospitality sector will remain competitive with the expected supply of new hotel rooms . Singapore office market remained sluggish in 2Q 2016 . Over at Shanghai, rental outlook is expected to be subdued . Will continue to drive the sale of OUE twin peaks in current challenging market" .  Full Article

OUE entered into an agreement for the acquisition of units in OUE Commercial REIT
Tuesday, 23 Feb 2016 04:52am EST 

OUE Ltd:Entered into a sale and purchase agreement for the acquisition of units in OUE Commercial Real Estate Investment Trust.The purchase consideration is s$166 million and will be satisfied wholly in cash.  Full Article

OUE Ltd Incorporates new subsidiary
Monday, 6 Jul 2015 06:15am EDT 

OUE Ltd:Incorporates Tengara Holdings Pte. Ltd as a new unit in singapore.Principal activity is Investment holding.  Full Article

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